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Jan 10, 2013
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seven debt ceiling raises. white was just sort of -- everyone understood it would get raised and it was a time to remind people how big the debt was and nobody really took it seriously, press release. it was useful for that. once people started taking it seriously and said we are going to think about not paying the debt it bill absurd and it is -- it is absurd and it needs to be -- needs to go away or congress just needs to understand that that's the only use of it. a coin isn't going to solve that problem. looking at a darn corners of the constitution will not solve that problem. >> what is -- you know, the problem -- that -- republicans seem to have is it the leadership sort of knows that they really shun be playing politics of the debt ceiling. but the rank and file, they don't want any part of that. they want to play politics. >> this is the problem. this is my problem with people who are spending a lot of time, smart people. friends of ours who are spending a lot of time talking about the kooky ideas. you
seven debt ceiling raises. white was just sort of -- everyone understood it would get raised and it was a time to remind people how big the debt was and nobody really took it seriously, press release. it was useful for that. once people started taking it seriously and said we are going to think about not paying the debt it bill absurd and it is -- it is absurd and it needs to be -- needs to go away or congress just needs to understand that that's the only use of it. a coin isn't going to solve...
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Oct 9, 2013
10/13
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. >> eyeing the debt ceiling. >> all about the debt ceiling. all this talk about default. >> it's nonsense. >> demagoguery. false demagoguery. >> when i hear people trying to downplay the conventions of that. >> nonsense. >> a lot of demagoguery. >> irresponsible. >> alternatives are popping up. >> some discussion about my powers under the 14th amendment. that's going to make people nervous. >> very hard to get into sound bites. >> there is no clear way out of this. >> there are no magic bullets here. >> we are now on day eight of the government shutdown. >> day act of the government shutdown. >> our goal wasn't to shut down the government. i don't think we should default on our debt >> we have got to stop repeating this pattern. the american people are tired of it. lord knows i'm tired of it. >>> tonight senate majority leader harry reid introduce aid perfectly reasonable, one sentence bill that would raise the debt ceiling until the end of next year which is a perfectly reasonable time frame for a typical debt ceiling increase in the past. th
. >> eyeing the debt ceiling. >> all about the debt ceiling. all this talk about default. >> it's nonsense. >> demagoguery. false demagoguery. >> when i hear people trying to downplay the conventions of that. >> nonsense. >> a lot of demagoguery. >> irresponsible. >> alternatives are popping up. >> some discussion about my powers under the 14th amendment. that's going to make people nervous. >> very hard to get into sound bites....
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Oct 12, 2013
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if we fool around and screw around the way we are with this debt ceiling, if we breach the debt ceiling, we are sacrificing in a matter of days hundreds of years of what we've built up in that regard. >> elahe, because of that? >> it sounds hyperbolic, but i really mean what i'm saying. >> because of that, paul krugman wrote this week, they are forcing the president into doing something illegal, not protect the full faith and credit of the u.s., or raise the debt ceiling without their approval. when krugman says it, one way or another, the president could simply choose to defy congress and ignore the debt ceiling, wouldn't this also be breaking the law? maybe, maybe not, opinions differ, but not making good on resolutions also break the law. and why not choose the one that hurts america the least? krugman is saying, if you have to, raise that sucker on your own. >> going back to the other point about the deniers, this actually isn't a new sentiment. this goes back to even 2011, there were republicans on the hill saying, well, the debt ceiling not passing, that doesn't mean we're necessa
if we fool around and screw around the way we are with this debt ceiling, if we breach the debt ceiling, we are sacrificing in a matter of days hundreds of years of what we've built up in that regard. >> elahe, because of that? >> it sounds hyperbolic, but i really mean what i'm saying. >> because of that, paul krugman wrote this week, they are forcing the president into doing something illegal, not protect the full faith and credit of the u.s., or raise the debt ceiling...
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Oct 12, 2013
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now, they've decided, please do raise the debt ceiling. they announced they're just fine with raising the debt ceiling because it's still all about obama care for them. so, this is heritage foundation. don't raise the debt ceiling, now, please do. but for them, it's all about obama care. next up in terms of influence, the club for growth. the grover norquist antitax conservative group, they had a change of heart. they used to be all about raising the debt ceiling, but their message has been do not raise the debt ceiling. this week though, the club for growth also announced look away if republicans do decide to raise the debt ceiling, so it's still not about obama care, but now, their new message, we want lots of nonobama care related things, but don't hit the debt ceiling on our account. that was how their message changed this week. now, the coch brothers funded the americans for prosperity group. they want the government shut down. they do not want to raise the debt ceiling. they want none of that. so, for them, it is not particularly abo
now, they've decided, please do raise the debt ceiling. they announced they're just fine with raising the debt ceiling because it's still all about obama care for them. so, this is heritage foundation. don't raise the debt ceiling, now, please do. but for them, it's all about obama care. next up in terms of influence, the club for growth. the grover norquist antitax conservative group, they had a change of heart. they used to be all about raising the debt ceiling, but their message has been do...
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Oct 12, 2013
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their message has been do not raise the debt ceiling. this week though, the club for growth also announced look away if republicans do decide to raise the debt ceiling, so it's still not about obama care, but now, their new message, we want lots of nonobama care related things, but don't hit the debt ceiling on our account. now, the coch brothers funded the mirnes for prosperity group. they want the government shutdown. they do not want to raise the debt ceiling. they want none of that. so, for them, it is not particularly about obama care. it's not really about obama care for them. but they are definitely willing to hit the debt ceiling for all the other stuff they want. at least they have stayed the same. they're funded by the coch brothers. they've been funding basically all of the groups that have been demanding a government shutdown. they funded heritage action, afp, all the tea party groups. shut down the government, right? shut down the government, it's all about obama care. they've spent over $2 hundred million in a year. on thes
their message has been do not raise the debt ceiling. this week though, the club for growth also announced look away if republicans do decide to raise the debt ceiling, so it's still not about obama care, but now, their new message, we want lots of nonobama care related things, but don't hit the debt ceiling on our account. now, the coch brothers funded the mirnes for prosperity group. they want the government shutdown. they do not want to raise the debt ceiling. they want none of that. so, for...
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Oct 12, 2013
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now, they've decided, please do raise the debt ceiling. they announced they're just fine with raising the debt ceiling because it's still about obama care for them. so, this is heritage foundation. don't raise the debt ceiling, now, please do. but for them, it's all about obama care. next up in terms of influence, the club for growth. the grovr norquist antitax conservative group, they had a change of heart. they used to be all about raising the debt ceiling, but their message has been do not raise the debt ceiling. this week though, the club for growth also announced look away if republicans do decide to raise the debt ceiling, so it's still not about obama care, but now, their new message, we want lots of nonobama care related things, but don't hit the debt ceiling on our account. now, the coch brothers funded the americans for -- they want the government shut down. they do not want to raise the debt ceiling. they want none of that. so, for them, it is not particularly about obama care. it's not really about obama care for them. but they
now, they've decided, please do raise the debt ceiling. they announced they're just fine with raising the debt ceiling because it's still about obama care for them. so, this is heritage foundation. don't raise the debt ceiling, now, please do. but for them, it's all about obama care. next up in terms of influence, the club for growth. the grovr norquist antitax conservative group, they had a change of heart. they used to be all about raising the debt ceiling, but their message has been do not...
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Sep 18, 2013
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ceiling does not increase our debt. it does not somehow promote -- all it does is it says you've got to pay the bills you've racked up, congress. it's a basic function of making sure that the full faith and credit of the united states is preserved. and i've heard people say, well, in the past, there have been negotiations around raising the debt ceiling. it's always a tough vote because the average person thinks raising the debt ceiling must mean running up our debt, so people don't like to vote on it and typically, there's some guns in terms of making the president's party shoulder the burden and then there's some political campaign later that smacks around for saying, joe smith voted to raise the debt ceiling by $2 trillion and it soupds terrible and it's a fun talking point for politics, but it always gets done. if there is a budget package that includes the debt ceiling vote, it's not the debt ceiling that is driving the negotiations, it's stick into the budget negotiations because if you're going to take a bunch of
ceiling does not increase our debt. it does not somehow promote -- all it does is it says you've got to pay the bills you've racked up, congress. it's a basic function of making sure that the full faith and credit of the united states is preserved. and i've heard people say, well, in the past, there have been negotiations around raising the debt ceiling. it's always a tough vote because the average person thinks raising the debt ceiling must mean running up our debt, so people don't like to...
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Oct 15, 2013
10/13
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hitting the debt ceiling would be bad. getting close to the debt ceiling is bad, too. are we close enough already to start worrying about the damage? joining us now is senator sheldon whitehouse of rhode island, a member of the senate budget committee. senator whitehouse, thank you so much for being with us. >> very happy to be with you. >> growing up, my dad always told me close only counts in horseshoes and hend grenades. >> this is the hand grenade version of that. >> oh, i was going to ask, does close also count in debt ceilings? are we already in dangerous territory? >> yeah, it absolutely does. there are two consequences of a default from not raising the debt ceiling. one is if you actually don't do it, and then markets and interest rates adjust in probably unimaginably bad ways. but even when you get close, other countries, bankers, people buying treasury securities look around and think this security doesn't seem quite as secure as it used to. i think i'm going to have to charge a little bit more in order to come in and be a buyer. and because we pay the intere
hitting the debt ceiling would be bad. getting close to the debt ceiling is bad, too. are we close enough already to start worrying about the damage? joining us now is senator sheldon whitehouse of rhode island, a member of the senate budget committee. senator whitehouse, thank you so much for being with us. >> very happy to be with you. >> growing up, my dad always told me close only counts in horseshoes and hend grenades. >> this is the hand grenade version of that. >>...
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Oct 1, 2013
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are they discounting likelihood of a possibility of a debt ceiling -- debt default that really would have catastrophic consequences? >> i think there is a misunderstanding between wall street and washington on this. there is an understandably general sense that these crises are always resolved at the last minute and that's probably right. but you'll have a bunch of wall street ceos in town tomorrow, that will go to the white house and talk to the president and go up to the hill and make phone calls. we cannot get close to the october 17th day because interest rates will start going up and markets will go down. there will be pressure there. tea party conservatives don't care what wall street says. i think the small group of moderate republicans and some wall street republicans that still exist, that argument will carry weight that it's dangerous to do this close to the dead limit. that may be the forcing mechanism. but we're talking about a shut down for two weeks that hits confidence any way and we have a economic hit regardless. it would be too bad if we waited until the october 17t
are they discounting likelihood of a possibility of a debt ceiling -- debt default that really would have catastrophic consequences? >> i think there is a misunderstanding between wall street and washington on this. there is an understandably general sense that these crises are always resolved at the last minute and that's probably right. but you'll have a bunch of wall street ceos in town tomorrow, that will go to the white house and talk to the president and go up to the hill and make...
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Jan 3, 2013
01/13
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. >> the debt ceiling. >> the debt ceiling is coming. >> no. >> the sequesters are coming. >> cue the next countdown clock. >> i will not have another debate with this congress. >> house republicans see it as a trump card. >> they should pay the bills they have already racked up. >> while they approve this deal to avert the fiscal cliff. >> last night the house of representatives failed. >> there was no deal to send money to the victims of hurricane sandy. >> lawmakers from new jersey were angry. >> last night it was my party responsible. >> they are leaving this party without help. >> congress. >> congress. >> congress. >> the laughing stock of the country. >> 66 days and counting, shame on you, shame on congress. >> all right, let's get a couple of things straight here, okay? first of all, there is nothing wrong with legislating at the last minute. in fact, on the big stuff, the politically difficult bills it is usually impossible to legislate before the last minute. now if you never found yourself going to the post office at the last minute with your tax return in hand, you may not
. >> the debt ceiling. >> the debt ceiling is coming. >> no. >> the sequesters are coming. >> cue the next countdown clock. >> i will not have another debate with this congress. >> house republicans see it as a trump card. >> they should pay the bills they have already racked up. >> while they approve this deal to avert the fiscal cliff. >> last night the house of representatives failed. >> there was no deal to send money to the...
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Jan 5, 2013
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ronald reagan, george bush, both bushes, raised the debt ceiling, bill clinton raised the debt ceiling, that's something we've never played with because then we're playing with the country's credit rating and that's something we should all come together on and we've never had it happen before. why now play politics on the debt ceiling. it doesn't make sense. >> i'll have to leave it retorically, good to see you. >>> new revelations about marilyn monroe, you'll hear from the reporter that dug up fbi files on the movie star. [ male] research suggests cell health plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. [ slap! ] [ slap! slap! slap! slap! ] ow! ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you had heartburn. ♪ tum tum tum tum tums woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the eas
ronald reagan, george bush, both bushes, raised the debt ceiling, bill clinton raised the debt ceiling, that's something we've never played with because then we're playing with the country's credit rating and that's something we should all come together on and we've never had it happen before. why now play politics on the debt ceiling. it doesn't make sense. >> i'll have to leave it retorically, good to see you. >>> new revelations about marilyn monroe, you'll hear from the...
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Oct 10, 2013
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well, they said republicans should pass a debt ceiling. also, freedom works banging the drum for a shutdown for months now, today, freedom work's ceo told the huffington post that yeah, we think they ought to pass the debt ceiling, at least get that part taken care of. the same ceo for freedom works a week ago said we will go past the deadline for the debt ceiling, and i don't think that was a bad thing. that was a week ago, with wall street getting freaked out a week later and politico freaked out about it, now he changes his tune and says yeah, we need to pass the debt ceiling. both the heritage action group, they're trying to save face saying the only reason we don't want to blow through the debt ceiling now is we don't want it to be a distraction on the focus of obama care, but at the same time they made that declaration today, paul ryan said the republicans need to keep up the fight for a bunch of stuff that does not center around obama care. paul ryan did not even mention obama care about what it is that the republicans need to keep
well, they said republicans should pass a debt ceiling. also, freedom works banging the drum for a shutdown for months now, today, freedom work's ceo told the huffington post that yeah, we think they ought to pass the debt ceiling, at least get that part taken care of. the same ceo for freedom works a week ago said we will go past the deadline for the debt ceiling, and i don't think that was a bad thing. that was a week ago, with wall street getting freaked out a week later and politico freaked...
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Jan 14, 2013
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one would be the debt ceiling. the second is the expiration of the continuing resolution that funds an agreement. if you can't reach an agreement, then you'd have a government shutdown. neither one of these outcomes is good. one though is immediately and totally catastrophic. that's the debt default. if republicans now -- if blackburn's comments maybe are indicative of something, if republicans now are moving away a little bit from the threat of the debt default and are now talking about the shutdown and the continuing resolution in this totally screwed up washington that we have right now with all these perverse incentives, that actually does represent progress if republicans are now only talking about a government shutdown and not a debt default. >> do you agree with that? >> i mean, not really. i know what you're saying but i don't really think we should give a lot of rewards. we citizens, we the political class, or we the media for different strains of this kind of leverage. i think the problem and it was in a
one would be the debt ceiling. the second is the expiration of the continuing resolution that funds an agreement. if you can't reach an agreement, then you'd have a government shutdown. neither one of these outcomes is good. one though is immediately and totally catastrophic. that's the debt default. if republicans now -- if blackburn's comments maybe are indicative of something, if republicans now are moving away a little bit from the threat of the debt default and are now talking about the...
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Oct 7, 2013
10/13
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view, the debt ceiling, we should look for three things. number one, we should look for some significant structural plan to reduce government spending. number two, we should avoid new taxes. and number three, we should look for ways to mitigate the harms from obama care. since 1978, the debt ceiling has been raised 55 times. >> just so i -- so you think that some facet of the president's health care plan should be attached to an increase in the debt ceiling. >> the debt ceiling historically has been among the best leverage that congress has to reign in the executives. >> so yes? >> yes,yes. >> yes, yes, yes. notice how the list is growing? you can always trust republicans. nothing has been more crystal clear than right now in our history. they don't care about the success this country has made, and they just care about political power. they want that grab. "usa today" reports, interestingly enough, the demand overwhelmed healthcare.gov. the government expected the site to draw 60,000 simultaneous users. instead it was drawing $250,000 users
view, the debt ceiling, we should look for three things. number one, we should look for some significant structural plan to reduce government spending. number two, we should avoid new taxes. and number three, we should look for ways to mitigate the harms from obama care. since 1978, the debt ceiling has been raised 55 times. >> just so i -- so you think that some facet of the president's health care plan should be attached to an increase in the debt ceiling. >> the debt ceiling...
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Jan 5, 2013
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and then say you don't want to raise the debt ceiling. you can't make those match. >> what's going on? you make a very good point. what's the ideology behind those folks? >> well, it is ideology, but also just -- essentially extortion. what they are trying to do, and been trying to do this, use the debt ceiling or basically black mail leverage they have to strip the social safety net in the country, to privatize social security, privatize medicaid, medica medicare. ith not about fiscal sanity. we can reach fiscal sanity. we have been working very well toward that. but this is all about ideology and philosophy. >> you called speaker boehner courageous for sending the fiscal cliff bill to the floor. you know speaker boehner saw republican defections in the speaker vote this week, he has favored heavy criticism from tea partiers and others. do you suspect similar courage from boehner in the weeks ahead? >> i think he wants to be krajuous. it's really horrible when an example of bipartisanship causes such consternation in one party. boehner w
and then say you don't want to raise the debt ceiling. you can't make those match. >> what's going on? you make a very good point. what's the ideology behind those folks? >> well, it is ideology, but also just -- essentially extortion. what they are trying to do, and been trying to do this, use the debt ceiling or basically black mail leverage they have to strip the social safety net in the country, to privatize social security, privatize medicaid, medica medicare. ith not about...
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Oct 6, 2013
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>> they have to mold this into the debt ceiling. why open it up and start renegotiations on the debt ceiling? there will be negotiations. american public doesn't want to seat debt ceiling raised willie nilly. they don't understand how it works but they recognize they're spending too much and there has to be some concessions there. >> you say it has to be now, it has to be reopening the government and raising the debt ceiling, they have to be one? >> i think it makes all the sense in the world. it allows them to change the narrative a little bit. this takes the pressure off to their republicans who represent tide water in northern virginia, those areas, the employees know they'll get paid, takes a lot of pressure off them, i get paid on time, but will get paid. putting pentagon workers back. that's half the problem. half the federal employees in that area. it takes some pressure off republicans. and congress in general to get this settled by doing this piece. >> you're talking about rolling that into one thing that would address both
>> they have to mold this into the debt ceiling. why open it up and start renegotiations on the debt ceiling? there will be negotiations. american public doesn't want to seat debt ceiling raised willie nilly. they don't understand how it works but they recognize they're spending too much and there has to be some concessions there. >> you say it has to be now, it has to be reopening the government and raising the debt ceiling, they have to be one? >> i think it makes all the...
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Oct 14, 2013
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move the debt ceiling much further down the road. lets get away from economic calamity, messing consumer confidence in the holidays. lets get back to a semblance of regular order, conferrees on the house and senate side to come in and talk about the budget. that's basically the out lines of what will happen. what needs to happen again -- look, there's still push pull on this. there's still liberal democrats in the senate that say, wait a minute, those guys overreached and we want to get our pound of flesh from it. house republicans are still going to be sitting there saying wait, wait, wait a minute. we've climbed way up this tree. to get down we need something. >> i saw captain phillips this weekend, robert. at one point there's one somali pirate that knows the u.s. navy is effectively laying a trap for him. he's totally crazy but actually right. some part of me thinks these tea party republicans they here about a bicameral, bipartisan budget committee and they have to think no way, not this time. we're here. we're in the mix. we ar
move the debt ceiling much further down the road. lets get away from economic calamity, messing consumer confidence in the holidays. lets get back to a semblance of regular order, conferrees on the house and senate side to come in and talk about the budget. that's basically the out lines of what will happen. what needs to happen again -- look, there's still push pull on this. there's still liberal democrats in the senate that say, wait a minute, those guys overreached and we want to get our...
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Jan 23, 2013
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. >> the short term raise for the debt ceiling. >> three-month extension of the debt ceiling. >> temporary extending for debt ceiling. >> what is the republican strategy here? >> three months is not good enough. >> they may not even vote for this. >> it is about time we come together, do our work. >> the partisan lines just got deeper. >> john boehner has an 18% approval rating. >> the debt that is crushing the future for our kids. >> this is a party, a retreat. >> a retreat of sorts. >> they may not even vote for this. >> it really is unacceptable. >> they will evolve or die, it is that simple. >> it will stand out as one of the great days. >> today marks 40 years. >> the 40th anniversary of roe v. wade. >> this allows a woman free choice. >> support for reproductive choice is at a record high. >> 54% believe abortion should be legal. >> there was an assault on women's access to reproductive health care. >> do i believe that the supreme court should overturn roe v. wade? yes. >> 70% say it should not be overturned. >> this is a deeply personal issue, one that should be made by women. >> w
. >> the short term raise for the debt ceiling. >> three-month extension of the debt ceiling. >> temporary extending for debt ceiling. >> what is the republican strategy here? >> three months is not good enough. >> they may not even vote for this. >> it is about time we come together, do our work. >> the partisan lines just got deeper. >> john boehner has an 18% approval rating. >> the debt that is crushing the future for our kids....
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Jan 1, 2013
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some democrats are angry that the debt ceiling has not been -- this fight over the debt ceiling that's not going to take place until two months has not been taken out of the equation. it is a remarkable site. nonetheless, with the caveat it may not be over yet. >> we've heard that he reached out to harry reid and nancy pelosi and he spoke with them about everything that was going to take place tonight. what else do we know with how he responded to what's happening? >> well, it's interesting. the president chose today to have one of those campaign-style events with ordinary americans in the white house and an auditorium in the white house compound today. the president sort of came out in a jovial, joking matter. he painted a picture of a deal that was all but done, but he got in a lot of jabs, subtle and otherwise, at republicans and really angered folks. john mccain said he didn't know whether he was sad or angered by what the president had said. cooler heads have obviously prevailed here. and we do know that the president had been on the phone working this, even though joe biden was s
some democrats are angry that the debt ceiling has not been -- this fight over the debt ceiling that's not going to take place until two months has not been taken out of the equation. it is a remarkable site. nonetheless, with the caveat it may not be over yet. >> we've heard that he reached out to harry reid and nancy pelosi and he spoke with them about everything that was going to take place tonight. what else do we know with how he responded to what's happening? >> well, it's...
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Sep 18, 2013
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if there is a budget package that includes the debt ceiling vote, it's not the debt ceiling that is driving the negotiations, it's stick into the budget negotiations because if you're going to take a bunch of votes any way, you might as well go ahead and stick that in there. you have never seen in the history of the united states, the debt ceiling or the threat of not raising the debt ceiling being youzed to extort a president or a governing party. and trying to force issues that have nothing to do with budget and have nothing to do with the debt. so, here's where we are and i think this is the bottom line and i want to make sure everybody's clear. i have presented a budget that deals with, continues to deal with our deficit effectively. i am prepared to work with democrats and republicans to deal with our long-term entitlement issues. and i am prepared to look at priorities that the republicans think we should be promoting and priorities they think we should be, we shouldn't be promoting, so i'm happy to negotiate with them around the budget. just as i've done in the past. what i will not
if there is a budget package that includes the debt ceiling vote, it's not the debt ceiling that is driving the negotiations, it's stick into the budget negotiations because if you're going to take a bunch of votes any way, you might as well go ahead and stick that in there. you have never seen in the history of the united states, the debt ceiling or the threat of not raising the debt ceiling being youzed to extort a president or a governing party. and trying to force issues that have nothing...
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Jan 8, 2013
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that would also increase the debt ceiling. so no, congressman salmon, it is not about time that we have a debt ceiling shut down. it is about time we do something to make sure that never happens. >>> john brennan is the man president obama nominated to run the cia. he is also the man who helped create america's policy of drone war fare. that is next. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. don't start enbrel if you have an infection like the flu. tell your doctor if you're prone to infections, have cuts or sores, have had hepatitis b, have been treated for heart failure, or if, while on enbrel, you ex
that would also increase the debt ceiling. so no, congressman salmon, it is not about time that we have a debt ceiling shut down. it is about time we do something to make sure that never happens. >>> john brennan is the man president obama nominated to run the cia. he is also the man who helped create america's policy of drone war fare. that is next. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower...
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Jan 3, 2013
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we should not have a fight over the debt ceiling. the debt ceiling, as the president says, is simply agreeing to pay the bills that you voted to incur last year and the year before. to have a fight over that is to say the united states should throw the economy of the world into catastrophe. that should not happen. in order to avoid that disaster since the republicans are trying to use the debt ceiling to bl k blackmail the country say by saying it's a nice economy, pity to blow it up if you have don't pay our ran sam. dr ran some. -- ransom. >> you just said there should not be a fight over the debt ceiling but will there be? is there anything about the history of this issue that suggests there won't be a fight? >> there will be a fight unless the president takes it off the table by invoking his ability to say i'm going to ignore the debt ceiling when and if it -- when and if it says that we can't pay the bills that are lawfully incurred because that would violate the 14th amendment. if the president is willing to invoke the 14th ame
we should not have a fight over the debt ceiling. the debt ceiling, as the president says, is simply agreeing to pay the bills that you voted to incur last year and the year before. to have a fight over that is to say the united states should throw the economy of the world into catastrophe. that should not happen. in order to avoid that disaster since the republicans are trying to use the debt ceiling to bl k blackmail the country say by saying it's a nice economy, pity to blow it up if you...
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Oct 9, 2013
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he needed to raise the debt ceiling. that's right the same debt ceiling that his party had been voting to the last member against. not a single republican member in the house voted to raise the debt ceiling leaving it to the democrats to do it themselves and getting bricks thrown at them for doing it. reagan had to raise the debt limit himself. tip o'neill not wanting to rain on the new president's parade, wanted one condition. he wanted a letter from ronald reagan himself to every democratic member of congress to vote for the death ceiling. that's all just a letter. he was okay with helping reagan doing what he needed to do. the letters arrived, reagan got his vote. john boehner, are you listening? are you paying attention to history? it's time to lead your party out of this dead end canyon that history will blame you for. i'll be speaking about all this when politics work. tomorrow night the ronald reagan presidential library thursday, jay leno, friday bill maher. i'm hitting the coast where the weather is warm and bea
he needed to raise the debt ceiling. that's right the same debt ceiling that his party had been voting to the last member against. not a single republican member in the house voted to raise the debt ceiling leaving it to the democrats to do it themselves and getting bricks thrown at them for doing it. reagan had to raise the debt limit himself. tip o'neill not wanting to rain on the new president's parade, wanted one condition. he wanted a letter from ronald reagan himself to every democratic...
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Oct 2, 2013
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republicans are no doubt going to start talking about the debt ceiling, the debt ceiling. here's the problem. now you're starting to play a really dangerous economic and political game. and the consequences are far greater than political. and so you hope for reason, but i don't see any reason in the republican party. >> well, if john boehner isn't going to move, is there anybody else that could help move them? i want to play what michael grimm, another member of that coalition ready to deal, said this morning. >> my goal is to work with members like peter king and others to put a coalition together, you know, charlie dent has been at the forefront of this as well, to work with members like that to get enough members to go to leadership and say, listen, this is where we think we should go and this is our strategy. but all we can do is try. >> john, could members actually sway john boehner, a small, relatively small group of moderate members like that? >> the speaker has these guys on the left side of the caucus, you have the guys on the far right, he's got to balance somewh
republicans are no doubt going to start talking about the debt ceiling, the debt ceiling. here's the problem. now you're starting to play a really dangerous economic and political game. and the consequences are far greater than political. and so you hope for reason, but i don't see any reason in the republican party. >> well, if john boehner isn't going to move, is there anybody else that could help move them? i want to play what michael grimm, another member of that coalition ready to...
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Jan 5, 2013
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the one getting the most attention right now is the fight over the debt ceiling and the debt ceiling is like the nation's credit card. the nation has essentially maxed out at this point in time. so congress, the white house will have a bigeb
the one getting the most attention right now is the fight over the debt ceiling and the debt ceiling is like the nation's credit card. the nation has essentially maxed out at this point in time. so congress, the white house will have a bigeb
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Sep 18, 2013
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is there a debt ceiling? >> there is a debt ceiling. and that limits the amount of money the united states can borrow. if we're going to continue on this spree of trillion deficits. it's going to be a good year, of course that sarcasm is bad. >> you know as well as i do that these bills have been passed. the costs haven about run up already. the bills have been signed by the president. what you're talking about is will you pay your debts or not. >> wait a second, chris. it's the same thing that governors have to do in the 50 states. if you have a regullegislature they're wrong and the spending exceeds the revenue then you have pro ray shun. >> there's no danger here of the unit going into default. >> i'm not saying there's no danger. there is a risk to our economy. and i hope that the president will understand that there is a bigger picture here and that bigger picture is whether or not the united states of america is going to continue on this path to insolvency and bankruptcy. that is a much bigger threat. >> what does he have to do to
is there a debt ceiling? >> there is a debt ceiling. and that limits the amount of money the united states can borrow. if we're going to continue on this spree of trillion deficits. it's going to be a good year, of course that sarcasm is bad. >> you know as well as i do that these bills have been passed. the costs haven about run up already. the bills have been signed by the president. what you're talking about is will you pay your debts or not. >> wait a second, chris. it's...
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Jan 4, 2013
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not be on the table. >> debt ceiling is a separate issue. the bottom line is congress incurs bills, they have to be paid, and the debt ceiling is not going to be a component of these negotiations. >> so now president and the democrats need to make sure that they hold the line. liberals want him to do just that. president obama already has a mechanism in place to engage americans. he can go directly to the american people. the president already plans to use the bully pulpit of his state of the union address to make the case. he's also pushing forward with other reforms like immigration. administration officials do not want the president's second term to be sidelined by a financial brawl. but while the president engages republicans on other legislative agendas, the country needs to stay invested in this economic fight on capitol hill. democrats and progressives, they know this fight. they did it well in the 2012 campaign. they fought hard during the fiscal cliff fight and won that. clearly. this is basically the start of a new campaign. if you
not be on the table. >> debt ceiling is a separate issue. the bottom line is congress incurs bills, they have to be paid, and the debt ceiling is not going to be a component of these negotiations. >> so now president and the democrats need to make sure that they hold the line. liberals want him to do just that. president obama already has a mechanism in place to engage americans. he can go directly to the american people. the president already plans to use the bully pulpit of his...
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Jan 19, 2013
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president obama warned republicans about taking the debt ceiling hostage. it looks like they heard the message. >> the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is rung short. >> republicans made their choice during a gop retreat in williamsburg, virginia. house majority leader eric cantore reportedly has plans for three months. in a statement the white house responding, saying, we are encouraged. there are signs congressional republicans may back off their insistence on holding our economy hostage to extract drastic cuts in medicare, education and programs middle class families depend on. the temporary nature of the increase is somewhat troubling. a white house official told nbc news it's a terrible way to run the country. but the aide gave no indication president obama would veto a temporary extension if this is how congressional republicans want to govern, so be it. they already have an approval rat
president obama warned republicans about taking the debt ceiling hostage. it looks like they heard the message. >> the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is rung short. >> republicans made their choice during a gop retreat in williamsburg, virginia. house majority leader eric cantore reportedly has plans for three...
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Jan 8, 2013
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that would also increase the debt ceiling. so no, congressman salmon, it is not about time that we have a debt ceiling shut down. it is about time we do something to make sure that never happens. ] up high! up high! [ sighs ] [ chuckles ] yo, give it up, dude! up high... ok. up high... ok. high! up high!!! ok ok that's getting pretty old. don't you have any useful apps on that thing? who do you think i am, quicken loans? [ chuckles ] at quicken loans, our amazingly useful mortgage calculator app allows you to quickly calculate your mortgage payment based on today's incredibly low interest rates... right from your iphone or android smartphone. this great tool answers your home loan questions organizes your results, and lets you calculate with the confidence of a rocket scientist. you can even take notes and add photos of your favorite homes! it's the 21st century way to make your next home refinance or purchase easy. download it today from the app store or google play... the mortgage calculator by quicken loans... one more way
that would also increase the debt ceiling. so no, congressman salmon, it is not about time that we have a debt ceiling shut down. it is about time we do something to make sure that never happens. ] up high! up high! [ sighs ] [ chuckles ] yo, give it up, dude! up high... ok. up high... ok. high! up high!!! ok ok that's getting pretty old. don't you have any useful apps on that thing? who do you think i am, quicken loans? [ chuckles ] at quicken loans, our amazingly useful mortgage calculator...
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Oct 29, 2013
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these traitors sold out america and voted to fund obama care, voted to raise the debt ceiling and voted to further expand debt spending yet again. the tea party intends to hold these traitors accountable. all of them. and to do that we need your support. with your help we will remove these traitors from office and replace them with true conservatives. sign the pledge to hold these traitors accountable. call now or go to our website. stop the traitors.com to see the list of traitors. we must replace these r.i.n.o.s. with real conservative and sign the pledge to hold these traitors accountable. call now to sign the pledge. >> i got eight. eight traitors. you just heard the word traitor eight times in one minute. and here is one promised challenge. >> this was the targeting of the president's political enemies and lies about it during the election year. >> that's right, daryl issa is not insanely conservative enough so they are raising money on the promise that they will challenge daryl issa along with other house republicans including john boehner. they are lying, of course. they have no
these traitors sold out america and voted to fund obama care, voted to raise the debt ceiling and voted to further expand debt spending yet again. the tea party intends to hold these traitors accountable. all of them. and to do that we need your support. with your help we will remove these traitors from office and replace them with true conservatives. sign the pledge to hold these traitors accountable. call now or go to our website. stop the traitors.com to see the list of traitors. we must...
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Jan 20, 2013
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let us raise the debt ceiling. no strings attached. and if the president can raise it as he should be able to and if congress wants to reject it 2/3. the mcconnell proposal is a good republican proposal. i hope you support it. that's the way to go. >> let me ask you a question. a bill that says regardless of what happens the debt ceiling, that the united states will never default on the debt. would you support that or not? >> i support the concept. i'd have to look at the bill. the best way to do that is the mcconnell act. >> we may have just made news. >>> last week, general colin powell was here worried about a dark vein of intolerance in republican parties in some quarters. you are part of a stream of new faces in the republican party, minority faces and voices in the party that seem to stand against that. how did you respond to it? >> well, i saw that interview. i respect general powell a great deal. i was disappointed with those comments. i think he was buying into some of the partisan attacks. if you look at this last election, f
let us raise the debt ceiling. no strings attached. and if the president can raise it as he should be able to and if congress wants to reject it 2/3. the mcconnell proposal is a good republican proposal. i hope you support it. that's the way to go. >> let me ask you a question. a bill that says regardless of what happens the debt ceiling, that the united states will never default on the debt. would you support that or not? >> i support the concept. i'd have to look at the bill. the...
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Jan 16, 2013
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susan collins believes the debt ceiling must be raised. we have seen how the debt ceiling can be raised without a battle. the first read today, this is an interesting development that perhaps will expedite this debt ceiling battle. >> we have a lot more twists and turns to come in the battle. one of the best predictors of whether one side will win or lose and how unify and united that side is. we are seeing fizzures among republicans and conservative writers as well as gop interest groups who are saying we shouldn't pick a fight when it comes to the debt ceiling. maybe it's better to pick a fight over shutting the government down rather than risking the default of the government when it comes to raising the debt ceiling. this is a significant development. it shows a lot of people thought we were looking ahead to the debt ceiling and the republicans had a lot more leverage. that can call it into question. >> that are sounds like the president describes. i use the word lurching to the next crisis ahead. it was the fiscal cliff and then it wa
susan collins believes the debt ceiling must be raised. we have seen how the debt ceiling can be raised without a battle. the first read today, this is an interesting development that perhaps will expedite this debt ceiling battle. >> we have a lot more twists and turns to come in the battle. one of the best predictors of whether one side will win or lose and how unify and united that side is. we are seeing fizzures among republicans and conservative writers as well as gop interest groups...
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Oct 4, 2013
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if they do not up the debt ceiling, and soon. ahead of this government shutdown, last week, the great ezra klein posited that maybe if republicans got the government shutdown they wanted, that might scratch their itch. if you'd let them have a government shutdown, that might make them less likely to also want to force an economic default, which, of course, would be way, way, way worse than even the shutdown. i think of this as ezra's ya ya hypothesis, as in, let them get their ya yas out and then things might go back to normal. it does not seem like they're getting their ya yas out. today, john boehner got some headlines, like this one in "the new york times," "republicans say boehner vows to avert federal default." competent headline until you read what his office is actually saying in the article, which is that john boehner won't up the debt ceiling, in the same way that he won't fund the government. seems like what we have got now is a government shutdown. and what is as likely or more likely to be next is that disastrous defa
if they do not up the debt ceiling, and soon. ahead of this government shutdown, last week, the great ezra klein posited that maybe if republicans got the government shutdown they wanted, that might scratch their itch. if you'd let them have a government shutdown, that might make them less likely to also want to force an economic default, which, of course, would be way, way, way worse than even the shutdown. i think of this as ezra's ya ya hypothesis, as in, let them get their ya yas out and...
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Oct 18, 2013
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okay, at least just the debt ceiling. joining us now is the ranking member of the house rules committee, congresswoman louise slaughter of new york. congresswoman slaughter, great to have you here tonight. >> oh, it's a pleasure. glad to see you, rachel. >> is there a way to change the rules in the house like they did in 1979 to make the whole debt ceiling debacle not happen again? >> you know, something really has to be done here. it's really become a tool of blackmail and extortion, to tell you the truth, a blunt instrument. it doesn't make any sense. and there's a section in the federal budget that's known as the appropriate level of the public debt. and once the debt -- the budgets are agreed on by both houses and ready to go, that figure goes in. that is the debt limit, in my view. we could use that, is whatever that budget says needs to be spent, for that year. you know, we do the budget a year ahead for the following year. that should be the debt limit. and when we vote for the budget, it should take care of it. no
okay, at least just the debt ceiling. joining us now is the ranking member of the house rules committee, congresswoman louise slaughter of new york. congresswoman slaughter, great to have you here tonight. >> oh, it's a pleasure. glad to see you, rachel. >> is there a way to change the rules in the house like they did in 1979 to make the whole debt ceiling debacle not happen again? >> you know, something really has to be done here. it's really become a tool of blackmail and...
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Jan 15, 2013
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but they want it separated from debt ceiling. >> let's talk about this debt ceiling thing, howard. do you think the press objectively can report the way the president tried to sell it, which is if this government can't pay its debts, refuses to pay it because of the debt ceiling, is that the republican decision or is it going to be played, conflict in washington, gridlock, both parties to blame? >> well, the president said in the press conference i think people will blame all of washington, but he didn't mean it. and he doesn't believe it. he thinks, and i think rightly thinks, that the political onus will be on the republicans. the president said we aren't a deadbeat nation, which is one of many great quotes in that press conference. >> i like that word, deadbeat. >> we aren't a deadbeat nation, and he said the republicans will turn us into a deadbeat nation if they do what they're threatening -- >> if somebody else objects to the question, if there's a different answer, i'll accept it. did the democrats ever play the game of not paying the bills of the united states government as
but they want it separated from debt ceiling. >> let's talk about this debt ceiling thing, howard. do you think the press objectively can report the way the president tried to sell it, which is if this government can't pay its debts, refuses to pay it because of the debt ceiling, is that the republican decision or is it going to be played, conflict in washington, gridlock, both parties to blame? >> well, the president said in the press conference i think people will blame all of...
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Jan 9, 2013
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debt ceiling. government shutdown. do you believe the debt ceiling should be used as leverage? >> we have three impending moments. the debt ceiling, the continuing resolution to fund the government, and then the sequester spending cuts that have been delayed for 60 days. no one in the republican conference is talking about a default on our sovereign debt. but we do need to use these moments to address the spending explosion that we've seen in the last four years of the obama administration. >> are you saying you want to say debt ceiling, maybe set that aside and focus more on the other two? >> i'm saying the treasury has more than enough tax receipts every month to pay the interest on our sovereign debt. so there's nobody but barack obama who's talking about a default on our sovereign debt. we can prioritize payments on a monthly basis to ensure there's no default. then we can have the hard negotiations necessary to get spending back under control. >> you are saying, hey, don't raise the debt ceiling. make treasury -- >> unless there's real spending cuts, unless there's real st
debt ceiling. government shutdown. do you believe the debt ceiling should be used as leverage? >> we have three impending moments. the debt ceiling, the continuing resolution to fund the government, and then the sequester spending cuts that have been delayed for 60 days. no one in the republican conference is talking about a default on our sovereign debt. but we do need to use these moments to address the spending explosion that we've seen in the last four years of the obama...
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Oct 8, 2013
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by breaching the debt ceiling? and the reason we talk about the tea party is the core tea party caucus in your party that is saying essentially, like ted ohoe of florida cdid, we could breach the debt ceiling and it wouldn't be a big deal? do you agree with that? >> no, i think it would be a very big deal. but i also know that every major spending reduction legislation over the last 30 years has been done in conjunction with the debt ceiling. that's been true of both parties. it was true of ronald reagan, bill clinton, george herbert walker bush or even president obama. just a year-plus ago. and so our best opportunity to get our budget under control is in conjunction with the debt ceiling. frankly, because it's a big deal, the president should be negotiating with us to make sure it's not breached. we're losing days, because the president refuses to talk. >> do you agree that the affordable care act is part of nondiscretionary spending? >> well, i think parts of the affordable care act are part of nondiscretionary
by breaching the debt ceiling? and the reason we talk about the tea party is the core tea party caucus in your party that is saying essentially, like ted ohoe of florida cdid, we could breach the debt ceiling and it wouldn't be a big deal? do you agree with that? >> no, i think it would be a very big deal. but i also know that every major spending reduction legislation over the last 30 years has been done in conjunction with the debt ceiling. that's been true of both parties. it was true...
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Jan 19, 2013
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you have to get every dollar for debt ceiling increases. they say the debt ceiling, they know it doesn't give them real leverage but gives them an opportunity to give real messaging. they wouldn't provide a show-down where they say not raising it. they come to terms with having lost the election. charles krauthammer wrote today, the general rule is from the single house of congress, you can't impose, aren't you failing the country? the country chose obama, if you want to save the republic, save the next election. if your conservative philosophy is indeed right, winning will come. joining me now, robert costa, and dave weigel, both of them doing great reporting, i appreciate you being here. robert, i want to start with you, tell me the thinking behind the three-month extension, why three months? >> a lot of it has to do public relations, i think what i heard from the retreat, and members in the room, they want to start to win the pr battle again, to do it they have to take the debt limit off the table, and fight with spending in regard to th
you have to get every dollar for debt ceiling increases. they say the debt ceiling, they know it doesn't give them real leverage but gives them an opportunity to give real messaging. they wouldn't provide a show-down where they say not raising it. they come to terms with having lost the election. charles krauthammer wrote today, the general rule is from the single house of congress, you can't impose, aren't you failing the country? the country chose obama, if you want to save the republic, save...
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Jan 14, 2013
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ceiling or the debt limit. where do we go from here? joining me now live mark murray. mark, obviously, the first thing at least some conservatives brought up with the president is that he has taken a different stance in the past when it came to the debt ceiling. >> well, in 2006, then senator barack obama ended up voting against a raise in the debt ceiling. republicans have seized on that saying that the position that president obama's taking today and also in 2011 is inconsistent with that 2006 vote. there is one very big difference between now and 2006. 2006 there wasn't this kind of big protracted battle over the debt ceiling at all. it wasn't a big issue. i was covering politics for nbc at the time. the debt ceiling increase was seen as a procedure and a very partisan vote then but not something you were reporting on for weeks and months like we have in 2011 then and now on the debt ceiling debate and, of course, what happened in 2011 was a loss to the nation's credit rating. there's big differences between
ceiling or the debt limit. where do we go from here? joining me now live mark murray. mark, obviously, the first thing at least some conservatives brought up with the president is that he has taken a different stance in the past when it came to the debt ceiling. >> well, in 2006, then senator barack obama ended up voting against a raise in the debt ceiling. republicans have seized on that saying that the position that president obama's taking today and also in 2011 is inconsistent with...